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861  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: February 25, 2015, 12:27:45 AM
Just try both and same Sad

Are you using one PSU or two to power the SP20?

Try moving the pcie cables to alternate sockets and see if the loop that is off changes.

Just check that, is one psu and is ok. No melted pci-e... its miner issue.

I read some back in thread for same issue and changing ribbon cable for both hashing board solve or show if problem is there, but il wait for SP tech answer before attempt open miner.

I try to get answer from their support on skype


Update:
Few restarts later and gentle  shaking and we are back 1.6Th
From my opinion this must be bad ribbon cable or bad solder on some connector.
Advice from SP tech still will be appreciated.



I had one where the serial cable (ribbon cable) had one wire that didnt get 'bitten' correctly by the teeth in the plastic connector piece. took 15 minutes to pry the connector open, see the problem, and fix it.

granted - i dont care much for warranties and was confident that my opening up the unit and carefully inspecting the boards, seating, and cables wouldn't cause damage.
try opening it up and switching the serial cbales. if the problem moves to loop 2 the cable is the issue. if the issue dissapears it was a seating problem. if the issue stays in loop 0 you're out of luck unless SPT can help
862  Bitcoin / Hardware / Re: Unofficial Spondoolies SP20 thread on: February 25, 2015, 12:22:00 AM
anybody knows how to set the fans lower than 10 Percent? Is there a way to ssh it?

ssh
vi /etc/mg_custom_mode

its right in there, change the value to whatever you like. (the Sp20 is very managable around 4%)
863  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: February 25, 2015, 12:17:02 AM

Part 1:
Ken didnt show up for several court appearances, his counsel claimed they went 6 weeks without contact from him, court determines he failed to show up for either his interrogatories or depositions, rspondants fail to show up several more times, court charged the respondants for the missed court dates and attourney fees worth at least $1115 as on Janruary 2nd.

Part 2:
describes ken and his relation to AMC/VMC/etc companies and thier operation out of missouri, he never sought approval to register or sell securities, he never registered as an agent w/ the state. Explains bitcoin/mining, bitcoin stocks, VMC stocks/offerings, and claims that ken made publicly (on the forums or websites) including gems like:

Quote
a. VMC shares were trading on Bitfunder and BTCT;
b. shareholders “will receive 100% of the monthly profits after all expenses [are
deducted] until the total dividends paid is equal to .0005 BTC per share;”
c. investors will “see big benefits when [VMC] develops” its own Application
Specific Integration Circuit (“ASIC”) chip and “VMC creates its Fast-Hash series
of Bitcoin Mining machines;”
d. the “Net Estimated ROI” (i.e., return on investment) for the VMC Stock could be
“2,812% [in] 24 months;” and
e. the “Net Estimated ROI” on the future issuance of VMC Stock could be “562%
[in] 24 months.”

a. VMC would merge into AMC Belize;
b. in 2013, VMC had sold mining equipment in excess of $6,000,000;
c. shares of AMC Belize Stock were trading on Bitfunder, BTCT, and
CryptoStocks;
d. investors could receive “100% return” from the “global profits” of AMC Belize;
e. investors have “the privilege of getting all profits until [a dividend of] 0.0025
BTC/share is paid;” and
f. investors could self-certify their “accredited investor status” by “creating an
account on the virtual stock exchange and using Bitcoins to purchase the [AMC
Belize Stock].”

a. VMC Stock could be exchanged on Bitfunder and BTCT;

b. early investors would be given “a priority in getting back 100% return of their
investment;” and
c. early investors would have the privilege of “getting all profits” until a dividend of
0.0025 Bitcoin per share was given.

ken collected ~4200,000 worth of bitcoins for stocks.

in addition is focus on amc belize shares which had poor risk disclosure among other shady features or lack thereof.


Quote
D. Omissions and Misstatements
46. VMC, AMC Belize, and/or K. Slaughter failed to disclose to investors and potential
investors, among other things, the following:
a. that K. Slaughter was not registered or exempt from registration as an agent in the
State of Missouri;

3
 https://bitcointalk.org/index.php?topic=252531.0 8
b. that shares sold were not registered or exempt from registration in the State of
Missouri;
c. that K. Slaughter and his previous company, Active Internet Communications,
Inc., had complaints that prepaid services were not rendered; and/or
d. that there were risks associated with using a virtual currency to transact business
including, but not limited to, the following:
i. virtual currencies are not backed by a central bank and are not insured;
ii. virtual currencies can be hacked or stolen with little or no recourse;
iii. there is no way to reverse a virtual currency transaction;
iv. virtual currencies are highly volatile;
v. this volatility may greatly reduce the funds raised in a securities offering
tied to these currencies and make financial projections difficult;
vi. securities offerings that are tied to virtual currencies may be highly
dependent upon the growth and acceptance of the virtual currency market;
and/or
vii. that the liquidity of virtual currencies may be highly dependent upon the
growth and acceptance of the virtual currency market.
47. VMC, AMC Belize, and/or K. Slaughter misrepresented to investors and potential
investors, that Bitcoin industry was “highly-regulated” at both State and Federal levels.


TLDR is limited from here to the conclusion - theres about 10 pages i dont cover


Final Orders:
-rules were violated
- profits created by any violations will be seized
-Ken pays $10,000 civil penalty
- both VMC and AMC pay $1000 civil penalty each
- all respondants pay $10,000 civil penalty each
- all respindants jointly pay $1,115.15 fees for failures to attend
- respondants pay all thier own attourney costs and fees






TLDR; ken, AMC, and VMC all owe significant penalties and will have any profits seized. Theres no information regarding how/when the penalties will be collected, or if those he scammed will be able to place claims.


either way, ken's scamming caught up to him, and will result in bankruptcy (how much does he have buried away to cover this? probably not enough) and permenantly puts his companies out of business. either that, or he flees the state
864  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: February 20, 2015, 05:10:54 PM
^very well put. its funny-bordering-on-sad that zumzero is still hanging around trying to act like some misunderstood champion of those who were shafted by ken, when virtually the exact opposite was true up until maybe a month ago.

I lost maybe 10% (~0.25BTC) of what i invested in ACTM, and bailed out when i saw all the signs of failure weeks before the cryptsy problems and the total loss of share value. All the signs were there that it would fail:
- no real proof for most of ken/ACTM claims
- hashrate (when it was at a known address/site) was sporadic, often offline or below the expected value
- hardware wasnt shipping on time or at all
- it took well over a month to finally get an admission that the hardware ken was buying to deploy and sell was actually hashfast liquidation parts
- the DC built with hashfast equipment took weeks longer to deploy then promised, and failed to reach a single goal (originally wasnt 170TH promised, and the highest hashrate ever achieved was ~70TH?)

my guess is that it was a sham from the start. If it worked, ken would have been a hero, maybe paid back returns, and walked away rich. Instead, nothing ken did worked out for shareholders bagholders, and theres almost nothing happening to him other than a court process which has dragged out for months already without anythin useful coming of it.

seriously, is shawn haggardy of the MSD even a real person? its hard to believe the real MSD wouldn't have stepped in and frozen assets at this point, possibly laid charges. Instead, ken is likely hanging out in big houses and nice cars with the guys from BFL and GAW
865  Economy / Computer hardware / Re: Buying damaged/blocked mobile phones, laptops, electronics from EU on: February 20, 2015, 04:58:01 PM
I have the bottom half of a Macbook.

Apple MacBook Pro A1278 13.3" Laptop (Intel Core 2 Duo 2.4Ghz, 250GB Hard Drive, 4096Mb RAM, DVDRW Drive, OS X 10.5.5)

top half (shell and screen) are missing from it. hinges are still in place (could use some WD40 lubricant), and the cables for LCD power and data are intact and included

care to make an offer? Looks like a used working one would be about $500, and this needs a $100 screen probably. would ship from canada

I might be interested for parts but I am worried about the shipping from Canada to EU. Might be expensive therefore not worth it.

depends - its an aluminum body macbook pro, and onl half of it at that - so it should pack into a relatively small light box. I'm open to offers - it seems to repair it locally would be about $100-200 depending where i buy parts and if i let someone do it for me
866  Economy / Computer hardware / Re: [WTS] Spondoolies SP30-hosted in WA on: February 20, 2015, 05:08:34 AM
just for the record, there NEVER been any offer from OP.

arent u the op?? lol and i never mentioned a number no but i said i would be interested if the price was lower and u lectured me on how its a good deal and yadda yadda yadda so if you arent willing to go lower how would i have an opening to make an offer?? u think ur price is a "bargain" so anything less would be seen as me jewin u out right??

what are you going on about? you're wasting an obsscene amount of time typing long essays about the price being terrible and wasting peoples time...

let OP sell his hardware. if you dont want it thats fine. If noone pays that price im sure he will re-adjust the listing price Wink
867  Economy / Computer hardware / Re: Buying damaged/blocked mobile phones, laptops, electronics from EU on: February 20, 2015, 04:45:07 AM
I have the bottom half of a Macbook.

Apple MacBook Pro A1278 13.3" Laptop (Intel Core 2 Duo 2.4Ghz, 250GB Hard Drive, 4096Mb RAM, DVDRW Drive, OS X 10.5.5)

top half (shell and screen) are missing from it. hinges are still in place (could use some WD40 lubricant), and the cables for LCD power and data are intact and included

care to make an offer? Looks like a used working one would be about $500, and this needs a $100 screen probably. would ship from canada
868  Bitcoin / Hardware / Re: ANTMINER S2 upgrade kit? on: February 20, 2015, 04:34:58 AM
For 'native' S2 0.4 Wt/Gh means that efficiency has improved twice...

Nearly 3 times.  The two that I have consume 1100-1200w for just over 1TH, so they're basically 1.1w/GH

But they have other equipment right now thats 0.5W

I highly doubt that it will be cost effective to upgrade the S2.

You save on shipping, heatsinks, fans, case, controller, and PSU.  Don't see how it couldn't be...
+1.
that said, bitmain might still try to overcharge for the kit.  Id love toupgrade my S2 units since they are basically breaking even right now and were losing money just a week or two back
869  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: February 20, 2015, 04:32:36 AM

Even more powerful.  Bitfurys new  Georgia mine. Also surprising  is they estimate  40% of all bitcoins  mined are using  their chips.   I guess their  new venture into immersion  technology  will give them another leg up.

I was thinking about this today.  I was around when the first great halving occurred.  Now, like most small miners, I'm barely scraping by.  If things don't change drastically, the next great halving will drive me out.

M

Can the big guys cover the bills at the next halving? Payroll, taxes, facility up keep, Security?

halving is still a ways off, and anyone whose able to mine a decent profit before it will probably continue to do so after (likely 25-30% of the hashrate will turn off whent he halving occurs due to no longer being profitable) - the difficulty will adjust in accordance with the halving and BTC value at the time
870  Economy / Exchanges / Re: Official CaVirtex.com Thread on: February 19, 2015, 08:07:35 PM
INCOMING AND OUTGOING:
Monthly trading fees: $30,000
Monthly expenses: Huh

Yep, they're definitely making minimal profit...  Roll Eyes

If they're only taking in $30k a month in fees than I would think they are not even making minimal profit.

They probably have a dozen employees.  If they pay them an average of $2,500/month ($30,000/year) then they're at breakeven on wages alone, never mind rent, utilities etc.

And they're in Calgary, so they're probably paying more than $2,500/month.

They would need to raise their fees or increase their trade volume just to survive. Makes more sense to buy bitcoin and sit around waiting for the price to go up.

seems unlikely they would need 12 people on the team. maybe when they built the site they needed a few dev and security guys, but with the exchange in operation it could be upkept by 2-3 guys with enough technical skills. maybe 4-5 people depending how the ATMs are handled

do they even have a physical office? I don't see any sort of location listed on the website. re: utilities, theres likely $10,000 worth of server gear that costs <$800/month to host somewhere

realistically:
5 employees x $3k/month = $15k/month
putting 5%/month towards recouping upfront costs = ~$5k/month
paying to host webservers and phonelines = ~$1k/month
business insurance (i imagine they have some form of coverage for hot/cold wallet theft) = $5k/month (just a guess based on 30k worth of trade fees)

thats a total of $20-30k/month, so while i doubt they were operating at a loss, the margins may be a little thin. *granted, there would still be 5 people making a decent salary*
871  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: February 19, 2015, 07:53:41 PM
Not with our 2nd gen. Time will tell if there will be retail market for the 3rd gen.
Are you basically saying as of now Spondoolies is out of the race and now it's between the private entity 21e6 and Bitmain?
Clarified SP-Tech's reply a bit for you.  You've already seen the Spondoolies / Genesis bit and their own earlier hosted options.  Those could, arguably, be seen as non-retail.  I wouldn't count Spondoolies out just yet Smiley
To clarify: With Genesis Mining, we ship them SP31 to fulfil the contracts, only after they actually sell the contracts. They're buffering with their own SHA256 machines until our miners arrives.
There are three markets: retail, bulk and self mine. Currently, we're doing only the first two.

I think the community would appreciate you sticking to that.  Manufacturers mining with their own gear while it's new and most profitable and then selling to end users once they've taken the lion's share of the prime lifespan is getting old.
We'll try. Unfortunately, I believe we'll see 3-4 mining conglomerates doing self mining with their own ASICs of about 95% of the blocks in 6-12 months.
I don't think it will be good for Bitcoin.

centralization incoming Sad
Yes. Initially 3-4. Afterwards probably only 1-2

hard to say. I think eventually 50-60% of the hashrate could come from 2-3 major groups (21e6, bitfury, etc), 20-30% from a few dozen smaller groups (various chinese groups and other individuals running 1MW+ facilities), and the remainder from home miners who have cheap or free power.

the retail market should stay strong though - you likely make 20-30% more per machine sold in single units/small batches compared to bulk customers (who will likely create thier own resale market)
872  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 19, 2015, 04:27:08 PM
...I really doubt we will see <$200 again with the fundamentals of the blockchain and the hashrate where they are

Blockchain fundamentals haven't changed since its inception--still in Beta after 6 years* Undecided
Hashrate is driven by the price, not the other way around.  

*Though some patches cludges hardforks are proposed.

more in the way of 'anti-fragility' (which IMO is a stupid expression) - when bitcoin was 2-3 years old a lot of people just assumed it would be hacked or broken wide open. In 2013, there was still the impression that it was new, and would eventually collapse on itself. Its now 2015 and Bitcoin is 6yrs old, and BTC worth over $200/ea

I cant think of any way in which the fundamentals or services offered by bitcoin are any worse today than they were 2years ago, when the price was ~$110. The recent low of ~$160 hit massive resistance at those levels, because it seems entirely reasonable that bitcoin is worth more today than it was 2 years ago.

how much is the question. 1.5x, 3x, 10x, 50x? The market is levelling out above the current $180-220 bottom, and tipping above some of the longer trendlines that it followed down from $1000
873  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: February 19, 2015, 04:16:11 PM
Not with our 2nd gen. Time will tell if there will be retail market for the 3rd gen.
Are you basically saying as of now Spondoolies is out of the race and now it's between the private entity 21e6 and Bitmain?
Clarified SP-Tech's reply a bit for you.  You've already seen the Spondoolies / Genesis bit and their own earlier hosted options.  Those could, arguably, be seen as non-retail.  I wouldn't count Spondoolies out just yet Smiley
To clarify: With Genesis Mining, we ship them SP31 to fulfil the contracts, only after they actually sell the contracts. They're buffering with their own SHA256 machines until our miners arrives.
There are three markets: retail, bulk and self mine. Currently, we're doing only the first two.

hopefully you stick with retail, or at least "nano/mini-farm" packages. I want some next gen stuff but definitely dont have 50k+ do be doing bulk orders
874  Bitcoin / Hardware / Re: Running miners outside on: February 19, 2015, 04:02:41 PM
Can somebody post their setup of how you are running it on the balcony.

I am not worried about snow or rains because ahead of time I can always check the forecast but the problem is dirt, dust, ants, getting into the miners and PSUs.

Miners I dont really care about at this point since most are useless but I don't want to ruin a perfectly good PSUs.

I dont have any running outside (my balcony has pigeons, and i really dont want them trying to nest around a heated object/container), but heres my suggestion:

1) build a secure rack or container.
container: buy a large outdoor storage bin or shelf that is easily enough space for all your gear (cords, power bars, PSU, miners). cut some holes in the sizes where you want the air to come in and exit. keep in mind that equipment like PSUs may receive less airflow then the miners that have 100cfm+ fans running - size and locate holes so that the container wont trap heat and become too hot inside
rack: buy some sort of rack/shelf that is sufficient to hold all your gear at a safe distance above ground level. If it doesnt have a solid top/sides, buy some plexiglass or fiberboard to build a top+sides. The front and back should be open wherever you anticipate wanting airflow

2) protect the inlet/outlets with a breathable filter to keep out rain, debris, animals, etc. Polyfill fabric (see image) or furnace filters are both good
cover the airways in a breathable material like a polyfill fabric or

3) locate somewhere that rain and debris shouldnt even be an issue. ideally the filter will seem like overkill because there is so few hazards where you place it
4) keep all the wiring elevated. minimize the wire runs between the box and house. if water gets on wires, the surface tension can sometimes carry it along the wire - keep this in mind and make sure if rain hits the extension cable, it wont run along the cord and reach your powerbar/outlet.

theres no real risk to the electronics from either humidity (unless you are in florida or somewhere crazy-moist) as long as the units dont suck in any water droplets, and are running 24/7. the airflow and heat will prevent any sort of condensation. If the power stops though and a component cools down, it can become susceptible to moisture eventually condensating on it (but still unlikely, as long as it is warmer than the outside air).

only thing to really avoid doing would be to turn on the hardware in the early morning, when the air outside is starting to warm up and carry moisture, but the hardware in the box will be cold from the overnight. a >10F difference like this could result in moisture from the warm air condensating on the cold mining equipment metal. once the unit is running though, hot metal wont pull moisture from cool air
875  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 19, 2015, 03:23:27 PM
Shorts going up are bullish or bearish?

Bullish. Big money and people like me following them are waiting for ~25K shorts before we crank up the big pumps for a squeeze to $350.

Please no! I'm scared Cry

IMO it can go either way. On one hand, a high number of shorts indicates a lot of bearish mindsets. On the other hand, an upward move of 5-10% is typically sufficient to cause a lot of shorts to cover or close, and that can make the upwards move even more drastic.

personally, i think we are headed upwards for here, its time to move back into the 280-320 region where there was resistance last month. I really doubt we will see <$200 again with the fundamentals of the blockchain and the hashrate where they are
876  Bitcoin / Mining support / Re: Antminer S2 Support and Overclocking Thread on: February 19, 2015, 03:53:04 AM
I successfully overclocked my S2 with the newest firmware by adding the options on the Web UI with firebug.
You need to add an <option> tag with the specified 'x:y:z' values from the first post, then select it and hit save&apply.

BTW, what's the default voltage? 0.75V ? I tried 216MHz with voltage 0725 and the HW went high above 1.5% with 1090GH.

I doubt theres actually a working voltage control - 216Mhz @stock voltage would give about the hash and error rates you have. When it was a new unit, i was pushing mine close to 1120GH at 225MHz
877  Bitcoin / Hardware / Re: [DIY] - Reward $100 | Antminer S1/S3 Blade on Raspberry Pi on: February 18, 2015, 02:59:43 PM
Would this work on an S3 board?
My S3 controller died... Sad
Thanks.

someone corret me if im wrong, but a single S3 control board has 4 connectors on it i beleive, so that you could run two units on a single controller.

*or is that only a feature of the C1/S5?
878  Economy / Computer hardware / Re: [WTS] - Toronto/Montreal - Spondoolies-Tech SP31 units, shipped from colocation on: February 18, 2015, 04:17:15 AM
You should try to sell these on eBay. You should get a pretty good price for them there.

I hate ebay. The 10% fees, the paypal, and the often-terrible-to-implement shipping rules. Last time i sold something on ebay i got shafted of >$20 because of a mistake in the shipping rules

that said, its an option. But ive got a lot of interest just below the current asking prices so I am pretty confident ill have a deal hammered out this week.
879  Economy / Computer hardware / Re: [WTS] - Toronto/Montreal - Spondoolies-Tech SP31 units, shipped from colocation on: February 17, 2015, 08:34:20 PM
These actually won't be in montreal much longer as whatever isnt liquidated to pay the power bills will be moved west to a slightly cheaper DC.

I'm open to offers to buy 3+ units at a fair price, as we need the BTC/fiat liquidity
880  Bitcoin / Hardware / Re: ANTMINER S4 Black Friday Deals 0.409USD/GH/s, FREE International Shipping on: February 17, 2015, 04:40:18 AM
we are sorry to hear that, it may be a time for the Control PCB unit to be replaced.  Could be the control PCB itself or it could be the beagle bone or combination of both.

However, once in a very while...  the MicroSD card physically goes bad.  We have seen a few cases where simple MicroSD card replacement from a local store (kingstone or Sony 4GH) took care of the problem.

if another MicroSD card doesn't work, please proceed with the parts replacement via warranty.  support @ bitmain . zendesk . com

Thank you


I would say this is prone to happening, and with the S2 Ive replaced the SD card twice. Other RPI/BBB-controlled ASICs (BTCgarden, rockminer, bitfury) all have the same problem - SD cards dont always handle reboots or power 'blips' well.
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